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Feb 16, 2013
02/13
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a downgrade by u.s. ratings agencies can be bad news for any business, but moody's ratings agency has downgrade one of its biggest rivals -- mcgraw-hill, which owns the world's largest ratings agency, standard and poor's. it reflects a recent lawsuit filed against s&p by the u.s. department of justice in connection with the 2006 housing market collapse. a group of german politicians are on a trip to turkey to try to make amends for the mistakes the country's police made in the course of investigating a murder scheme. >> the nationalist socialist -- the national socialist underground group killed 10 people between 2000 and 2006, targeting immigrants, but it took german investigators until 2011 to crack the case. >> many in turkey feel the investigation would not have been so bungled i of nine of the victims had not been turks. >> the german politicians had come to apologize for the failures in investigating the neo-nazi murders. in talks with the turkish justice minister and other high- ranking members of
a downgrade by u.s. ratings agencies can be bad news for any business, but moody's ratings agency has downgrade one of its biggest rivals -- mcgraw-hill, which owns the world's largest ratings agency, standard and poor's. it reflects a recent lawsuit filed against s&p by the u.s. department of justice in connection with the 2006 housing market collapse. a group of german politicians are on a trip to turkey to try to make amends for the mistakes the country's police made in the course of...
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Feb 2, 2013
02/13
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u.s., and he stopped off in berlin on the way to the meeting. >> the u.s. vice-president peter were when visit to the german capital and his first to the german chancellery. he held an equally brief press conference after talks with chancellor merkel, giving high praise for trans-atlantic relations. the two reportedly discussed conflicts in syria and moly -- mali but made no public statements on the matter. his next stop is munich for an annual security conference, a meeting of high-ranking international policy makers, and mali and syria will be at the top of the agenda. >> the situation in the entire region is very dangerous, and we have to prevent it from going up in flames. therefore, d escalation and a cautious approach are the order of the day. >> there will be high power talks on the sidelines of the munich conference, including wooing russia to join the coalition of countries opposed to the syrian regime. >> our political correspondent is also in munich to follow the conference for
u.s., and he stopped off in berlin on the way to the meeting. >> the u.s. vice-president peter were when visit to the german capital and his first to the german chancellery. he held an equally brief press conference after talks with chancellor merkel, giving high praise for trans-atlantic relations. the two reportedly discussed conflicts in syria and moly -- mali but made no public statements on the matter. his next stop is munich for an annual security conference, a meeting of...
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Feb 8, 2013
02/13
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u.s. investigate the dreamliner and find its batteries could keep it on the ground for some time to come. u.s. transportation investigators have cast doubt on a quick fix for the problems facing the dreamliner. they say regulators need to rethink their approval of batteries used in the boeing 787. officials from a number of agencies are looking into a string of safety incidents. debra hersman chaired the u.s. national transportation safety board. she said a lithium ion battery sparked a fire on a jet in boston. >> this investigation has demonstrated that a short circuit in a single cell can propagate to adjacent cells and result in smoke and fire. >> engineers packaged eight cells together in designing the battery system for the dreamliner. hersman said they didn't place them far enough apart so trouble in one could affect the others. they have not determined why the batteries short circuiteded. another battery fire forced the pilot of an all nipon airways pilot to make an emergency landin
u.s. investigate the dreamliner and find its batteries could keep it on the ground for some time to come. u.s. transportation investigators have cast doubt on a quick fix for the problems facing the dreamliner. they say regulators need to rethink their approval of batteries used in the boeing 787. officials from a number of agencies are looking into a string of safety incidents. debra hersman chaired the u.s. national transportation safety board. she said a lithium ion battery sparked a fire on...
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Feb 12, 2013
02/13
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now, u.s. leaders have expressed concern about an escalation in china's activities around the disputed islands, including a recent violation of japanese air space by chinese aircraft. >>> european authorities are investigating several firms in connection with a meat labeling scandal. food safety regulators are looking into the possibility someone deliberately switched beef for horse meat because it's cheaper to produce. officials in britain and ireland studied frozen lasagnes and hamburgers sold this year in supermarkets. the british regulators found 60% of the meat used in lasagne was from horses, but the products were labeled as 100% beef. they recalled them after tests confirmed they contained horse meat. a french company produced the lasagnes using meat from romaine yann slaughter houses. they want those responsible for selling horse meat as beef to face harsh punishment. >>> people in india will soon be able to zip across the country on high-speed railways, and japanese transport authoriti
now, u.s. leaders have expressed concern about an escalation in china's activities around the disputed islands, including a recent violation of japanese air space by chinese aircraft. >>> european authorities are investigating several firms in connection with a meat labeling scandal. food safety regulators are looking into the possibility someone deliberately switched beef for horse meat because it's cheaper to produce. officials in britain and ireland studied frozen lasagnes and...
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Feb 5, 2013
02/13
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u.s. justice department is suing standard and poor's for its alleged role in the 2008 financial crisis. wall street investors say they were expecting the move. in 2007, the ratings agency made its fortune by giving high credit ratings to worthless mortgage debt. that debt later plunged in value, fuelling the crisis. standard and poor's denies the charges and has promised a vigorous defense. the u.s. justice department is charging. we go for more on the story. >> a green light from standard and poor's was once thought to be a mark of confidence, but that was before the company was caught out, giving glowing ratings to investments that bottomed out. u.s. authorities say s&p ignored the risks and misled investors. during the real-estate boom in the united states, banks were happy to sell mortgages to people who actually could barely afford them. that debt was bundled into bonds with other investments, and s&p gave them safe ratings in the financial markets. that is why investors snapped them
u.s. justice department is suing standard and poor's for its alleged role in the 2008 financial crisis. wall street investors say they were expecting the move. in 2007, the ratings agency made its fortune by giving high credit ratings to worthless mortgage debt. that debt later plunged in value, fuelling the crisis. standard and poor's denies the charges and has promised a vigorous defense. the u.s. justice department is charging. we go for more on the story. >> a green light from...
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Feb 12, 2013
02/13
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u.s. government about the test beforehand. and even china, north korea's sole ally, has urged pyongyang to stop before it makes matters worse. >> tensions are high in south korea. protesters denounced north korea's nuclear tests. north korean state media claim the country had exploded a more powerful bomb than it had been able to build a earlier. diplomats at the united nations security council emergency meeting also expressed alarm. >> countries around the world, including every member of this security council, agreed that this test was an extremely regrettable act that further undermines international peace and security. >> many countries will likely impose new sanctions against north korea, but observers say that china has the most leverage. >> for china, it will depend on showing that north korea has gone too far this time and it will not go without consequences for the north korean-chinese relationship. i expect that china will also decide on painful sanctions for north korea. >> chin
u.s. government about the test beforehand. and even china, north korea's sole ally, has urged pyongyang to stop before it makes matters worse. >> tensions are high in south korea. protesters denounced north korea's nuclear tests. north korean state media claim the country had exploded a more powerful bomb than it had been able to build a earlier. diplomats at the united nations security council emergency meeting also expressed alarm. >> countries around the world, including every...
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Feb 7, 2013
02/13
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it is about german immigrants to the u.s. going gold hunting during the gold rush. maybe it has a chance, but i would not bet on it. the film i would bet on going home with the golden bear is an iranian. he made his film in secret and got it shipped to the berlinale. i think that alone makes it a favorite. >> we will have plenty more from you throughout the berlinale. thanks very much. researchers have put their creation on display in britain's science museum. >> it does not include any living tissue, but it sports the latest prosthetic technology including artificial organs, a synthetic blood, and robotic lynn's -- limbs. >> at first glance, you might mistake him for a person, but rex's body is more like a computer. >> i thought that was absolutely science fiction, so i thought it was very impressive. also the fact they are very close to end implantable artificial kidney that will be able to replace a failing kidney -- >> he has a pathetic form and had, so he is familiar with the challenges prosthetics users face. >> it is difficult to be told not only is this tech
it is about german immigrants to the u.s. going gold hunting during the gold rush. maybe it has a chance, but i would not bet on it. the film i would bet on going home with the golden bear is an iranian. he made his film in secret and got it shipped to the berlinale. i think that alone makes it a favorite. >> we will have plenty more from you throughout the berlinale. thanks very much. researchers have put their creation on display in britain's science museum. >> it does not include...
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Feb 7, 2013
02/13
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the u.s. has accused tehran of seeking nuclear weapons. iran says its research program is solely for peaceful purposes. we will go to egypt now where leaders of 57 muslim nations have called for serious dialogue between syria's government and the opposition. >> capping off a two-day summit in cairo, the organization of international cooperation urged syrian officials to pave the way for a political transition to put an end to the syrian civil war. the statement comes as the country yet again saw more fierce violence. in europe, the european central bank chief mario draghi says the recent rise in the value of the european currency, the euro, shows markets are indeed confident in the currency's stability. he pledged to keep a close eye on the economic impact of a strong euro. that pushed the currency slightly lower in trading. >> but he also said he expects the eurozone to return to growth later in 2013 after a weak start to the year. ecb has left eurozone interest rates unchanged at 0.75%. any decision by the ecb, even when to hold interest
the u.s. has accused tehran of seeking nuclear weapons. iran says its research program is solely for peaceful purposes. we will go to egypt now where leaders of 57 muslim nations have called for serious dialogue between syria's government and the opposition. >> capping off a two-day summit in cairo, the organization of international cooperation urged syrian officials to pave the way for a political transition to put an end to the syrian civil war. the statement comes as the country yet...
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Feb 9, 2013
02/13
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also thanks to a positive development of the u.s. trade deficit. but still, traders are not heading into the weekend in a positive mood. outlooks that companies have been giving, and of course on the trading week, were not convincing, and that is why the dax lost more than 2% in the course of this trading week. >> a quick look at the market numbers now -- the dax closed up 5.81%. the euro stoxx 50 gain more. in new york, the dow is going up by about 0.3%. the bureau is now trading at one -- $1.3358, slightly down. >> talk about going against the mainstream -- the ceo of volkswagen says he wants to take a pay cut even though under the company's rules, his salary should be going up by millions. >> he told the german magazine that it is not possible to justify a pay package of 20 million euros to ordinary people. vw is about to enter into wage talks with production staff. in 2011, he was the highest paid ceo in germany. >> china is continuing to expand its role as the workshop of the world with, according to its own figures, exports growing 25% in jan
also thanks to a positive development of the u.s. trade deficit. but still, traders are not heading into the weekend in a positive mood. outlooks that companies have been giving, and of course on the trading week, were not convincing, and that is why the dax lost more than 2% in the course of this trading week. >> a quick look at the market numbers now -- the dax closed up 5.81%. the euro stoxx 50 gain more. in new york, the dow is going up by about 0.3%. the bureau is now trading at one...
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Feb 24, 2013
02/13
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for everybody, really, but it gets really fatal. [ siren wails ] >> every 10 minutes, someone in the u.s. is rushed to the emergency room with a severe allergic reaction. what's more, food allergies are becoming more common. peanut allergies alone have tripled since our parents were kids. >> i have a friend who's allergic to almonds. >> my friends are allergic to nuts, berries, and milk. >> my best friend is allergic to peanuts. >> one of my friends, she's allergic to peanuts. [ mid-tempo piano music playing ] >> unfortunately, many people don't realize just how serious food allergies can be. heather had to educate her friends and classmates and even a teacher who was using peanut candy for a science lesson. >> and she said, "how allergic are you?" i said, "i can't be in the room if we're doing this experiment." and she dismissed me from class, and that prevented my learning. some teachers, you know, really help me out, and some teachers don't understand it. >> heather spoke about her condition at a conference in washington, d.c. she was invited by f.a.a.n., the food allergy and anaphyla
for everybody, really, but it gets really fatal. [ siren wails ] >> every 10 minutes, someone in the u.s. is rushed to the emergency room with a severe allergic reaction. what's more, food allergies are becoming more common. peanut allergies alone have tripled since our parents were kids. >> i have a friend who's allergic to almonds. >> my friends are allergic to nuts, berries, and milk. >> my best friend is allergic to peanuts. >> one of my friends, she's allergic...
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Feb 23, 2013
02/13
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. >> obviously, japan is one of our closest allies, and the u.s.-japan alliance is the central foundation for our regional security and so much of what we do in the pacific region. >> the leaders say they'll take decisive action in response to north korea's missile launches and korean testing. they'll walk together on a new u.n. security resolution and tougher sanctions. abe also spoke about sanctions in the east china sea. japan controls tehe territory bt china and taiwan claim it. he said they would respond calmly to china's challenges and he noted that japan's alliances act as a stabilizing factor. obama issued a statement on the u.s.-led negotiations for the partnership free trade agreement. they say japan or any other nation that joins the negotiations will not be required to promise to eliminate all tariffs. abe is under pressure from japanese farmers to stay out of the ttp. later he expanded on the state of japan-china relations in light of the recent tension over territory. he said he hopes there will be an opportunity to hold talks with ch
. >> obviously, japan is one of our closest allies, and the u.s.-japan alliance is the central foundation for our regional security and so much of what we do in the pacific region. >> the leaders say they'll take decisive action in response to north korea's missile launches and korean testing. they'll walk together on a new u.n. security resolution and tougher sanctions. abe also spoke about sanctions in the east china sea. japan controls tehe territory bt china and taiwan claim it....
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Feb 2, 2013
02/13
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the latest u.s. labor report shows employers added more jobs in 2012 than previously estimated, but economists are also focusing on the weaknesses the january data exposed. here's the chief economist from the daiwa capital markets america. >> on the positive side, there were no upward revisions to pass job data on job growth. if you look at the data for 2012, we are now looking at 180,000 jobs per month rather than an average of 153,000 per month. that's a noeshl upward revision, and it shows that the labor market stronger than we thought it was previously. on the disappointing side, though, for the month of january, we did not have this same strong job growth. job growth came in at 157,000, which is a little bit lighter than what we had on average during 2012 and was below the average that we had in the fourth quarter of the year. if you look at the detail by industry, the construction sector did well, but other areas showed only moderate growth or even soft growth in some cases. also on the disappo
the latest u.s. labor report shows employers added more jobs in 2012 than previously estimated, but economists are also focusing on the weaknesses the january data exposed. here's the chief economist from the daiwa capital markets america. >> on the positive side, there were no upward revisions to pass job data on job growth. if you look at the data for 2012, we are now looking at 180,000 jobs per month rather than an average of 153,000 per month. that's a noeshl upward revision, and it...